Scholz: Frozen Russian assets will be used to buy weapons for Ukraine
![Scholz: Frozen Russian assets will be used to buy weapons for Ukraine Scholz: Frozen Russian assets will be used to buy weapons for Ukraine](https://wsrv.nl/?output=webp&url=www.liga.net/images/general/2023/03/07/20230307114117-4509.jpg&w=620&fit=cover&dpr=2)
The revenues from frozen Russian assets will be used to purchase weapons for Ukraine, as was stated by German Chancellor Olaf Scholz at a press conference with Polish Prime Minister Donald Tusk and French President Emmanuel Macron.
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Next week NATO defense ministers will meet at Ramstein and discuss a detailed implementation plan.
On January 23, it became known that the EU plans to apply a tax on excess profits from frozen assets of the Central Bank of Russia, but without confiscating the funds. A group of countries, including Germany, made it clear that they are against the arrest of Russian assets for legal reasons.
However, on January 29, EU ambassadors reached an in-principle agreement on using profits from frozen Russian assets to help Ukraine.
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